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Wednesday, 03 March 2010 08:06 |
The long-dormant Kangaroo market for US banks reopened on March 3 as JPMorgan Chase (JPMorgan) (A+/Aa3/AA-) announced the launch of a five-year “benchmark size” transaction to price the next day. The issuer is offering fixed and floating rate tranches in the self-led deal, at price guidance of 130 basis points over swap and bank bill swap rate (BBSW).
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Last Updated on Thursday, 04 March 2010 16:37 |
